Post
Topic
Board Economics
Re: Bear trap or bull trap?
by
1Referee
on 12/08/2018, 17:42:20 UTC
I think that it is more important to hold btc not because of the profits from trading for fiat, but because of being in favor of the self-regulating market and believing that cryptos are the future of money itself.

The mass doesn't give a damn about self regulating markets or decentralization, neither do they believe crypto is the future of money. In other words, there is nothing other than speculation giving them the incentive to be here. Seriously, the entire crypto market has been flooded with idiots after Ether's money printing machine kept spitting out rubbish tokens.

Before Ether's ICO rise there were plenty of noobs as well, but in no shape or form do these noobs come close to how stupid the >2017 token noobs are.